Pet Food Market Trends

pet store

Automation and in-out shopping change pet food retail

Without a checkout, shoppers never stand in line perusing the little bags of treats or toys that dangle above the conveyor belt.
People no longer wish to spend time lingering and browsing in stores. That translates into less time discovering new pet foods, treats and other products.
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4 main areas pandemic affects pet food, supply business

Pet owners have shifted significantly towards e-commerce during the pandemic. Pet ownership in the United States increased during the early stages of the pandemic.
The COVID-19 pandemic’s effect on the pet food industry has been wide ranging and hard to fully comprehend. Focusing on four main areas allows one to make better sense of it.
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Partner in Pet Food acquiring Doggy pet food company

From its base in Hungary, Partner in Pet Food is a European private-label pet food producer, supplying international and local retailers in 38 countries.
Partner in Pet Food, based in Budapest, Hungary, announced the acquisition of Swedish pet food manufacturer Doggy and its brands Bozita, Bozita Robur and Doggy & Mjau from Lithuania-based investment company NDX Group.
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Blue Buffalo new wet foods, treat ads planned for FY21

Blue Buffalo retail sales increased double digits in FY20 considering all channels, likewise gaining market share, Jeff Harmening, chairman and chief executive officer said in the call.
Following strong sales in the rest of fiscal year 2020, General Mills’ Blue Buffalo experienced a similar sales trajectory during the COVID-19 pandemic to that of many other pet food brands.
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By 2024, e-commerce pet product sales may be top channel

By 2024, industry analysts forecast that e-commerce will become the top retail sales channel for pet products.
Two major players in the pet food e-commerce space, and Amazon, lead online sales with three quarters of the market and seem likely to maintain that dominance.
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